{"title":"How capacity markets address resource adequacy","authors":"H. Chao, D. Lawrence","doi":"10.1109/PES.2009.5275173","DOIUrl":null,"url":null,"abstract":"Will the “missing money” in a competitive energy market be sufficiently addressed in the capacity market to garner adequate resources to keep the lights on? Can the capacity market provide economic signals to attract new investment in generation? A summary of how the New York Independent System Operator (NYISO) addresses these issues is discussed in this paper, along with a summary of the effort currently underway to design a forward capacity market.","PeriodicalId":258632,"journal":{"name":"2009 IEEE Power & Energy Society General Meeting","volume":"22 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2009-07-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"16","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"2009 IEEE Power & Energy Society General Meeting","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1109/PES.2009.5275173","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 16
Abstract
Will the “missing money” in a competitive energy market be sufficiently addressed in the capacity market to garner adequate resources to keep the lights on? Can the capacity market provide economic signals to attract new investment in generation? A summary of how the New York Independent System Operator (NYISO) addresses these issues is discussed in this paper, along with a summary of the effort currently underway to design a forward capacity market.
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